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Agenda 05-21-24; 12-2 - Information Item - Memorandum - Financial Report - Third Quarter FY 2023-24 and American Rescue Plan Act Update
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Agenda 05-21-24; 12-2 - Information Item - Memorandum - Financial Report - Third Quarter FY 2023-24 and American Rescue Plan Act Update
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5/16/2024 2:43:09 PM
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BOCC
Date
5/21/2024
Meeting Type
Business
Document Type
Agenda
Agenda Item
12-2
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9 <br /> APPENDIX 3: Foregone Article 44 and Medicaid Expenses <br /> Orange County's Foregone Article 44 sales tax revenue has always exceeded its historical <br /> share of Medicaid Expenses, which triggers an Annual Hold Harmless Payment. <br /> $25,000,000 <br /> $20,000,000 <br /> Article 44 Sales Tax $ that Orange County would have received. <br /> $15,000,000 <br /> $10,000,000 <br /> $5,000,000 <br /> $0 <br /> FY10 FY12 FY14 FY16 FY18 FY20 FY22 FY24 <br /> Sourced to NCACC Research using data from the NC Departments of Revenue and Health and Human Services. <br /> Foregone Article 44 <br /> Minus Medicaid Expenses= <br /> Hold Harmless Payment to (County and Towns) <br /> 9 <br />
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